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Feb 20, 2013
02/13
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the media of course will give obama a free pass on the economy but they didn't cover the obama economy with near the kind of voracity. >> when it comes to this stuff, if you're going to be aggressive on one, be aggressive on all. like we raised from the coverage of jesse jackson junior. if you go after republicans for inproprieties go with equal zeal covering democrats in theirs. on the economy stuff, we are led to believe that we are in the middle of a gang busters's recovery when even to date we're net jobs down in this administration, to say nothing of not keeping up with the increase in population you pointed out. i wonder as i see this going forward some years whether even in coverage of the whole sequestration, it's republicans being intransigent wanting to control spending and not democrats who seem to be equally zealous not wanting to control reigning it in. what is good for the goose ought for good for the gander. >> what's happening with sequestration and a couple of your guests alluded to this. president obama has a political strategy. act three in a three part play. two yea
the media of course will give obama a free pass on the economy but they didn't cover the obama economy with near the kind of voracity. >> when it comes to this stuff, if you're going to be aggressive on one, be aggressive on all. like we raised from the coverage of jesse jackson junior. if you go after republicans for inproprieties go with equal zeal covering democrats in theirs. on the economy stuff, we are led to believe that we are in the middle of a gang busters's recovery when even...
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Feb 16, 2013
02/13
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FOXNEWSW
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aides say the president want to do talk about the economy, but he could not go to his hometown and not talk about guns, ed. >> that's right. that's why he wove it into his entire speech. it was supposed to be a speech about the building the middle class, following on that state of the union speech earlier in the week. but the parents of the 15-year-old girl who just a few weeks ago was at the president's inaugural parade, then gunned down here in the streets of chicago, gang related violence, her parents were here and what the president tried to do was to say this is not just about gun control. it's about a lot more. take a listen. >> as the son of a single mom who gave everything she had to raise me with the help of my grandparents, i turned out okay. but at the same time, i wish i had had a father who was around and involved. loving, supportive parents. and by the way, that's all kinds of parents. that includes foster parents and that includes grandparents and extended families, includes gay or straight parents. >> after wrapping up the speech, the president is headed to palm city, f
aides say the president want to do talk about the economy, but he could not go to his hometown and not talk about guns, ed. >> that's right. that's why he wove it into his entire speech. it was supposed to be a speech about the building the middle class, following on that state of the union speech earlier in the week. but the parents of the 15-year-old girl who just a few weeks ago was at the president's inaugural parade, then gunned down here in the streets of chicago, gang related...
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Feb 22, 2013
02/13
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FOXNEWS
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the economy i think could be harmed. they estimate 1 hadn't 2 million jobs and that will impact the employment rate. even if you said forget what ray lahood is saying about the long lines at the airport, what does it matter it has consequence on the larger effect on the economy struggling to gape recovery. >> bret: what about fred's point of the public assessment of the sky is falling out of washington and that there is a glazing over. they have heard it a lot. >> the notion wegone crisis to crisis has effect on that. not much changed. at who point do you have impact? the white house is counting on it having impact it puts republicaputpressure on republi. >> so much error, so little time. we are talking about minuscule amount of the economy that will throw us in a recession. this will have some epect the washington area. because they will be furloughed of people working for the federal government. but washington area prospered as the rest of the country suffered. people have done well. it will cause the most disruption.
the economy i think could be harmed. they estimate 1 hadn't 2 million jobs and that will impact the employment rate. even if you said forget what ray lahood is saying about the long lines at the airport, what does it matter it has consequence on the larger effect on the economy struggling to gape recovery. >> bret: what about fred's point of the public assessment of the sky is falling out of washington and that there is a glazing over. they have heard it a lot. >> the notion wegone...
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Feb 19, 2013
02/13
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FOXNEWS
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something else harming economy, cyber attacks. security, perts point the finger at china. we look at the evidence and talk with someone who spent years with the agency. ted cruz is getting attention. the freshman republican is accused of mccarthyism of the interrogation of chuck hagel. is this the early stages of cruz derangen't syndrome? we look at the fine print of deal to send pred over the drones to the uae. it starts at 6:00 eastern. now back to new york and my colleagues with "the five." ♪ ♪ >> kimberly: you won't believe at columbia university yesterday. students showed up for quantum mechanics class. but instead they got a trip show. it wasn't pretty. if .the physics professor took t off. >> to learn quantum mechanics. strip to your raw, erase all garbage from your brain and start over again. >> kimberly: well, he later curled in a fetal position while footage of hitler, saddam hussein and others were on the screen behind him. the bizarre stunt included ninjas and stuffed animals of course. it was executive produced by greg gutfeld. >> dana: sounds a weird thin
something else harming economy, cyber attacks. security, perts point the finger at china. we look at the evidence and talk with someone who spent years with the agency. ted cruz is getting attention. the freshman republican is accused of mccarthyism of the interrogation of chuck hagel. is this the early stages of cruz derangen't syndrome? we look at the fine print of deal to send pred over the drones to the uae. it starts at 6:00 eastern. now back to new york and my colleagues with "the...
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Feb 22, 2013
02/13
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FOXNEWS
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this is biggest economy in world. we can handle a deficit like this. we'll be fine. g with that logic if the deficit doesn't matter why raise taxes? we don't need revenue, as they call it re-knew, our money, is deaf if its don't matter. we could keep spending. have it both ways. >> bob: it matters at $20 trillion. that's when state-of-the-arts tit starts tomatter. >> andrea: we are at 17. >> bob: it will come back down. this is as low as it was in theizeen hour years. >> dana: that is not the problem. republicans take unpopular position to say they would do something on entitlement reform. it's not a popular thing to say we are going to do means testing, wealthier seep yours pay more for social security or medicaid. it's not a popular position. right thing to do. putting things off for another four years to me is irresponsibly. >> bob: do you think he will allow four years to go by and allow the legacy to be total polarization? >> kimberly: he is not worried that is the case. you will get form of gun control. >> kimberly: different perspective. american crossroads ha
this is biggest economy in world. we can handle a deficit like this. we'll be fine. g with that logic if the deficit doesn't matter why raise taxes? we don't need revenue, as they call it re-knew, our money, is deaf if its don't matter. we could keep spending. have it both ways. >> bob: it matters at $20 trillion. that's when state-of-the-arts tit starts tomatter. >> andrea: we are at 17. >> bob: it will come back down. this is as low as it was in theizeen hour years. >>...
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Feb 21, 2013
02/13
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FOXNEWSW
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it's not good for the economy. you look at the cuts and what happened to the defense department alone what it would do to the economy in terms of the unemployment rate is serious. i don't think that anybody laid forth any kind of serious plan. the president's plan doesn't talk about entitlement spending at all and continues to load everything on the defense department. looksh i'm all for, you know, cutting where there can be cutting. but you can't constantly go to defense department and ask them to do as much as they're doing and pretend to cut them and pretend like the entire pie does not exist over here this needs to be dealt with. >> bret: steve, by the way, that warren act thing we -- the warn act thing we will follow up on that. that is a ponial problem for trial attorneys may be licking their chops. not sure. >> it seems to catch gene sperling by surprise, he didn't have a ready answer how they would handle this. it would be the perfect cota to the entire episode if it ended with the federal government paying
it's not good for the economy. you look at the cuts and what happened to the defense department alone what it would do to the economy in terms of the unemployment rate is serious. i don't think that anybody laid forth any kind of serious plan. the president's plan doesn't talk about entitlement spending at all and continues to load everything on the defense department. looksh i'm all for, you know, cutting where there can be cutting. but you can't constantly go to defense department and ask...
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Feb 19, 2013
02/13
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KICU
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analysts say it signals faith in the economy. still to come, the hunt for the hot idea. why venture capitalists are ramping up the search for the next big thing. that's later. but first, why farmers are bracing for higher expenses in 2013. that's next with bill moller. some quiet but very important changes are taking place down on the farm these days. they're prompted by the sky-high land prices that we have seen for the past few years, but also by new technologies and greater efficiencies. these changes are outlined in a report from the federal reserve bank of chicago. david oppedahl is the business economist who compiled the data. why don't you first talk, david, in general terms about these changes and trends? > > agriculture is seeing a lot of activity in the last few years as some of the commodity prices have gone up a lot and you see corn and soybean growing in terms of the ability to grow, but then also as the prices have been higher, the yields are higher in general, but then this last year was a drought year, so that kind of set some momentum back. but overall,
analysts say it signals faith in the economy. still to come, the hunt for the hot idea. why venture capitalists are ramping up the search for the next big thing. that's later. but first, why farmers are bracing for higher expenses in 2013. that's next with bill moller. some quiet but very important changes are taking place down on the farm these days. they're prompted by the sky-high land prices that we have seen for the past few years, but also by new technologies and greater efficiencies....
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Feb 17, 2013
02/13
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CNNW
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>> i think that, a, i could be wrong, and b, i think in the economy that we have today, where it's so hard to earn money, if you put your money in the bank you'll be lucky to get 1% or 2%. >> right. >> there are companies that actually transport natural gas from one place to another in existing pipelines. they get paid for that. and they're structured -- >> regardless of what the price of natural gas is. >> regardless. they'll do a little better with higher natural gas. so you're not giving up the possibility that natural gas will go up. you still would do better. but what you are getting near term is a very, very good yield. companies like atlas pipeline. yields about 7%. and basically that yield is as secure as the transportation of natural gas. oneok yields about 5% and that, again s a very, very secure yield. if you really want to be a little more adventurous, maybe play lng, there's a company in california, sempra. they own renewable utilities, they have a lot of natural gas and basically cover the gamut and yield about 3% and they do have i think a lot of growth in front of them
>> i think that, a, i could be wrong, and b, i think in the economy that we have today, where it's so hard to earn money, if you put your money in the bank you'll be lucky to get 1% or 2%. >> right. >> there are companies that actually transport natural gas from one place to another in existing pipelines. they get paid for that. and they're structured -- >> regardless of what the price of natural gas is. >> regardless. they'll do a little better with higher natural...
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Feb 20, 2013
02/13
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they will hurt our economy. they will add hundreds of thousands of americans to the unemployment rolls. this is not abstraction. >> sean: the cuts are not fair, they're going to hurt the economy, what the president didn't mention, the sequester, that was his idea in the first place. >> the man who literally wrote about the book about the budget battle. whose idea was the sequester and did you ever think we had he' get to this point? >> first, it was the white house. it was obama and neighbors went to the democratic leader and harry reid and said this is the solution. >> sean: there you have it the plan that the president is calling not smart, not fair, was actually his solution to quote, saving the economy. again, that's not what we heard today at the white house, what we heard was our commander campaigner in chief reverting back into election mode and bla and using pathetic scare tactics to smear the opposition. sound familiar? you've heard the fear mongering, what i'm about to play is only described as obama's
they will hurt our economy. they will add hundreds of thousands of americans to the unemployment rolls. this is not abstraction. >> sean: the cuts are not fair, they're going to hurt the economy, what the president didn't mention, the sequester, that was his idea in the first place. >> the man who literally wrote about the book about the budget battle. whose idea was the sequester and did you ever think we had he' get to this point? >> first, it was the white house. it was...
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Feb 21, 2013
02/13
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MSNBC
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>> yes, because rhode island's economy is lagging. unemployment is unacceptably high. one of the highest in the country. so we have to make that up. especially since our neighboring state, connecticut, mass marks new hampshire, vermont, maine, new york all have marriage equality. if we're going to be competitive, we've got to get this passed. we've got it through the house. now we want to get it through the senate. as su sfwl e says well, need to work on the federal level on doma, defense of marriage act. fix that mistake. these are all good ways to fix or economy. we have the talent. we have the technology. now we have to have the tolerance. >> the supreme court takes it up coming up next month. i want to thank both of you. great to have both of you on. cnbc's suze orman, governor chafy. i'll see you back here tomorrow at 11:00 a.m. eastern time. joining us then los angeles mayor anthonio villaragossa david nakamura, ari mellbe and susan. don't go anywhere. "now with alex wagner" comes your way next. so this is a big, our first full team gathering! i wanted to call on
>> yes, because rhode island's economy is lagging. unemployment is unacceptably high. one of the highest in the country. so we have to make that up. especially since our neighboring state, connecticut, mass marks new hampshire, vermont, maine, new york all have marriage equality. if we're going to be competitive, we've got to get this passed. we've got it through the house. now we want to get it through the senate. as su sfwl e says well, need to work on the federal level on doma, defense...
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136
Feb 16, 2013
02/13
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FOXNEWSW
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and the way to reduce it obviously is to get the economy growing again. you know, it doesn't really do any good to keep taking from this tree or that tree and squeezing it down. you know, i talked -- i like parables so in the book i give a parable of two identical brothers. they are put on deserted islands with their families. one had the philosophy -- they only ate trees and products of trees. one had the philosophy i'm going to eat what i need and i'm going to let the others grow. pretty soon he had an entire forest and another enough food for everyone. the other, as soon as a sampling came up he was on it and was eating it, and he and his family eventually starved to death. basically the same thing, if you keep taking and taking rather than create a situation where you can grow. you look at the fact that we have the highest corporate taxes in the world. and then we wonder why companies are going offshore. well, we need to go back to basic business school and understands that companies are there to earn money, not to be social welfare organisms. >> let
and the way to reduce it obviously is to get the economy growing again. you know, it doesn't really do any good to keep taking from this tree or that tree and squeezing it down. you know, i talked -- i like parables so in the book i give a parable of two identical brothers. they are put on deserted islands with their families. one had the philosophy -- they only ate trees and products of trees. one had the philosophy i'm going to eat what i need and i'm going to let the others grow. pretty soon...
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Feb 19, 2013
02/13
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FOXNEWS
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. >> and tonight as the american economy burns, i am happy to report that president barack obama successfully completed his 116th round of golf since taking the oath for office and accomplished that that earlier today vacationing in florida on your dime and do so as we speak, more than 12 million americans are looking for work. there are 47 million families dependent on stood stamps, the national debt is a staggering 16 1/2 trillion dollars, 6 of which president obama tacked on by his lonesome. while he's busy working on his golf game, the march sequestration deadline is closer and closer 1.2 trillion in cuts will penalize our pentagon. and the round of golf played one day after our commander-in-chief found time in his busy schedule to hit the links with none other than serial philanderer tiger woods. and the first lady is taking advantage of the tax dollars, on a ski trip in colorado. as far as the outing with president obama and the world famous golfer don't expect to see any video, the white house prohibited from covering the anointed one's activities this weekend. the following statement
. >> and tonight as the american economy burns, i am happy to report that president barack obama successfully completed his 116th round of golf since taking the oath for office and accomplished that that earlier today vacationing in florida on your dime and do so as we speak, more than 12 million americans are looking for work. there are 47 million families dependent on stood stamps, the national debt is a staggering 16 1/2 trillion dollars, 6 of which president obama tacked on by his...
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Feb 19, 2013
02/13
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FOXNEWSW
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he'll keep playing golf. >> sean: you know, penny lee, the economy contracted in the last quarter. we have one more quarter like that we're officially in recession, we've got higher unemployment than when he took office. 8 1/2 million americans in the labor force and 50 million on food stamps. don't you think you think there's an imbalance. >> sean, that's simply not true. when he had taken office and-- >> did you take a three week vacation over christmas. and mine was disrupted because of the fiscal cliff, i was happy. did you take a trip to hawaii. >> i went to see my mother. >> sean: who has vacations like this. >> there's a travelling white house and can address these things as best as they can, but he also-- >> with tiger on the golf course. >> and beholden what they can do in congress, a congress that recesses and also not-- >> you're not going to blame congress for his vacation schedule? >> and sean-- >> sean, as you know, george bush, ronald reagan and bill clinton-- >> 20 million dollars in trips to mooi hi in one term. >> that was where his home is. >> sean: 20 million do
he'll keep playing golf. >> sean: you know, penny lee, the economy contracted in the last quarter. we have one more quarter like that we're officially in recession, we've got higher unemployment than when he took office. 8 1/2 million americans in the labor force and 50 million on food stamps. don't you think you think there's an imbalance. >> sean, that's simply not true. when he had taken office and-- >> did you take a three week vacation over christmas. and mine was...
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Feb 24, 2013
02/13
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KNTV
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plus, what do cuts mean for the economy. bottom line cnbc dynamic duo here as well, jim cramer, and maria bartiromo. coming up, political roundtable. we know why we're here. ♪ to connect our forces to what they need, when they need it. ♪ to help troops see danger, before it sees them. ♪ to answer the call of the brave and bring them safely home. [ female announcer ] around the globe, the people of boeing are working together, to support and protect all who serve. that's why we're here. ♪ see lioutdoors, or in.ight. transitions® lenses automatically filter just the right amount of light. so you see everything the way it's meant to be seen. maybe even a little better. visit your eyecare professional today to ask about our newest lenses, transitions vantage and transitions xtractive lenses. experience life well lit. ask which transitions adaptive lens is best for you. otherworldly things. but there are some things i've never seen before. this ge jet engine can understand 5,000 data samples per second. which is good for
plus, what do cuts mean for the economy. bottom line cnbc dynamic duo here as well, jim cramer, and maria bartiromo. coming up, political roundtable. we know why we're here. ♪ to connect our forces to what they need, when they need it. ♪ to help troops see danger, before it sees them. ♪ to answer the call of the brave and bring them safely home. [ female announcer ] around the globe, the people of boeing are working together, to support and protect all who serve. that's why we're here....
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Feb 18, 2013
02/13
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FOXNEWS
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saying hip their push to -- for the president not to change his mind and open up keystone, it's the economy that could suffer. >> without a doubt. i think next time they have the protests they should hand out sheets so everyone has the same lyric. >> neil: on one of the coldest days. >> maybe won't have icicles on the lips. the bottom line is, pennsylvania, it's amazing. you -- a god send, north dakota, lowest unemployment in the country. to think that people out there who probably have done very little research, or listened to the president saying it's been hot the last 10 or 15 years. let's look at the entire globe, the entire earth. more importantly, did you drive to that protest? do you want your neighbor to have a job in that's the real issue. >> neil: one of the things they did that's right, they bussed a lot of in. any way they could get them to be there for the prost. but used to be that global warming was the cause. but if it's not warm outside you have to see the climate change to force the issue. does it put fear in traders' minds bus they bid up the price of any related energy p
saying hip their push to -- for the president not to change his mind and open up keystone, it's the economy that could suffer. >> without a doubt. i think next time they have the protests they should hand out sheets so everyone has the same lyric. >> neil: on one of the coldest days. >> maybe won't have icicles on the lips. the bottom line is, pennsylvania, it's amazing. you -- a god send, north dakota, lowest unemployment in the country. to think that people out there who...
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Feb 23, 2013
02/13
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FOXNEWS
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it's a side that shows how irresponsible he's been in dealing with our economy. and this has been the worst president for our economy in the history of this country. >> i know, but tell me how-- i hear the story about people getting pink slips and i don't want people to suffer. if we have a sequestration and we have a slowed spending increase, why would anyone even be laid off? because we're spending more even with the sequestration. >> i don't get it, greta and the people he's talking about are being laid off are paid for by state and local budgets. and those firefighters and rescue workers and everything else, they're paid for by, you know, the city of los angeles and the city of new york and the state of california and the state of texas and these are not -- we're not talking about federal workers, no reason for massive layoffs if it's just a reduction in the increase in spending and not a real reduction in spending. maybe there'll be some layoffs, but not massive layoffs and you know something, the federal government needs some layoffs. we employ way too many
it's a side that shows how irresponsible he's been in dealing with our economy. and this has been the worst president for our economy in the history of this country. >> i know, but tell me how-- i hear the story about people getting pink slips and i don't want people to suffer. if we have a sequestration and we have a slowed spending increase, why would anyone even be laid off? because we're spending more even with the sequestration. >> i don't get it, greta and the people he's...
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Feb 20, 2013
02/13
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FOXNEWS
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there is a smarter way to do this to reduce our deficit without harming our economy, but congress has to act. >> reporter: he is talking about the so-called balanced approach he wants to get some other spending cuts but also some tax increases. john boehner filing a statement, no more tax increases, he said, quote, just last month the president got his higher taxes on the wealthy and he is back for more. the american people that the revenue debate is closed. we should close loopholes in the tax code but that revenue should lower rates across the board. white house wants to reduce loopholes but to use that money to lower the deficit. bottom line, they are still at loggerheads and senior official said that it's likely these cuts will be kicking in on march 1st. >> shep: a massive fire burns a church to the ground but the pastor calls it divine intervention. top story on fox trip across america. >> shep: oklahoma, the church 90 minutes south of oklahoma city, pastor and flock moved to a similar building and put this one up for sale. since the wind was blowing to the south, pastor's house
there is a smarter way to do this to reduce our deficit without harming our economy, but congress has to act. >> reporter: he is talking about the so-called balanced approach he wants to get some other spending cuts but also some tax increases. john boehner filing a statement, no more tax increases, he said, quote, just last month the president got his higher taxes on the wealthy and he is back for more. the american people that the revenue debate is closed. we should close loopholes in...
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Feb 24, 2013
02/13
by
WUSA
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and only the ford f-150 with ecoboost has the best combination of torque and fuel economy. think about that. introducing the new 2013 f-150. (mapolaris hasr) hunwhat you want:ail, legendary atvs led by the powerful sportsman 850 h.o., value-minded side-by-sides featuring the new ranger 800 midsize, and full-size workhorses, including the all new class-leading 60-horsepower ranger xp 900 with industry-leading torque, towing, and travel. polaris: hardest-working, smoothest-riding. craig: march madness is right around the corner. coming up, doubleheader of college basketball action. the navy takes on notre dame. followed by number four michigan state against number 18 ohio state coming up right here on cbs sports. like a point guard seeing the whole court, you have to be able to gauge all aspects of the right, don't you? shorty: for me, nobody ever taught me what to look at, but as a defensive player in basketball or in football, what i'm looking for is the rider's tip. that tells me like a defensive player learns where he is going to go. i've never asked these guys, what do y
and only the ford f-150 with ecoboost has the best combination of torque and fuel economy. think about that. introducing the new 2013 f-150. (mapolaris hasr) hunwhat you want:ail, legendary atvs led by the powerful sportsman 850 h.o., value-minded side-by-sides featuring the new ranger 800 midsize, and full-size workhorses, including the all new class-leading 60-horsepower ranger xp 900 with industry-leading torque, towing, and travel. polaris: hardest-working, smoothest-riding. craig: march...
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Feb 21, 2013
02/13
by
FOXNEWS
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. >> eight days from now, a tremor will hit the american economies by impacting the people who work in the food safety area of usda. >> terrible consequences to public halve. >> the country less safe and the communities less safe as a result of sequester. >> the air air traffic controllers. >> 750,000 americans will not have jobs. >> now, you would think they way they're talking, the sequestration next week, we're all eating con tam it inned meat next week. i say these cuts go through we'll all be eating mr. ed here. >> what kind of a name is ed for a hours. >> what kind of name is wilbur for man. >> that's -- >> what a bunch of horse you know what. leaving aside all the other cuts, the agriculture department could pursue, if it really has to due really think the first thing they'll butcher is policing the butcher andry'll stop giving hundreds of towns of memory ill patients their mets and letting them go on the streets? we told you many times the 85 cuts hair talking about in the seem of thing ises chump change. $16 trillion debt. and as to all of is here, we risk cutting ourway way t
. >> eight days from now, a tremor will hit the american economies by impacting the people who work in the food safety area of usda. >> terrible consequences to public halve. >> the country less safe and the communities less safe as a result of sequester. >> the air air traffic controllers. >> 750,000 americans will not have jobs. >> now, you would think they way they're talking, the sequestration next week, we're all eating con tam it inned meat next week. i...
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102
Feb 20, 2013
02/13
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CNBC
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sounds like the fed's worried something good could be happening in the economy. something like they see like loan growth or job growth, we don't want that, right? job growth, that's terrifying. it means the fed won't keep interest rates down anymore. what we want, obviously, is permanent bad news. be careful, we had a similar selloff when the last notes came out, that was followed by a rally of epic proportions. as good a reason as any to take profits. then we have the sequester sneaking up on us again, that bid to cut federal spending with a meat axe. hmm, i thought we wanted government spending cutback? isn't that what people are clambering for? everyone says it's bad and it's going to hit the military really hard, right? lead story in "usa today" says so. let me ask you a question, how the heck did the philly defense index hit an all-time high in this session if the defense department's really going to get whacked. the sequester bark may be a tad less than its bite. what kind of word is sequester anyway? i don't want to fear words that seem like they're kind o
sounds like the fed's worried something good could be happening in the economy. something like they see like loan growth or job growth, we don't want that, right? job growth, that's terrifying. it means the fed won't keep interest rates down anymore. what we want, obviously, is permanent bad news. be careful, we had a similar selloff when the last notes came out, that was followed by a rally of epic proportions. as good a reason as any to take profits. then we have the sequester sneaking up on...
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121
Feb 18, 2013
02/13
by
WBAL
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chinaa is demanding more oil every day to power its growing economy. just as opec cut some of its output. and international sanctions are reducing the amount of uriniian oil on the world market. at home, refineries are shutting down from maintenance as they prepare to switch to a summer blend. then market speculation and a weaker dollar play a role. in san diego -- >> hey, i'm a waitress. come on. i'm not making 200 grand a year. >> reporter: the price at the pump can quickly add to the cost of the daily commute. a 40-mile round-trip, 22 days a month, averaging 22 mpg at $3.50 a gallon costs $140 a month. at today's average of $3.73 a gallon, $149 a month. at $4.25 a gallon, $170. and at $4.50 a gallon, $180 a month. >> we have to work, so we keep coming to work every day. but you have to put gas in your car to come to work. >> reporter: 43 cents in a month. the national average, $3.73 right now. and the experts are saying they don't think that we will get over $4 a gallon for a national avera average. but california, illinois, will see over $4 and app
chinaa is demanding more oil every day to power its growing economy. just as opec cut some of its output. and international sanctions are reducing the amount of uriniian oil on the world market. at home, refineries are shutting down from maintenance as they prepare to switch to a summer blend. then market speculation and a weaker dollar play a role. in san diego -- >> hey, i'm a waitress. come on. i'm not making 200 grand a year. >> reporter: the price at the pump can quickly add to...
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Feb 22, 2013
02/13
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MSNBC
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both for macroeconomic reasons, it's bad for the economy if you don't have spending power. and for fairness. because of wages you can't go to malasia for a sandwich. so it is food service. if you look at where it has an effect. it is in those areas. they are not making things they are performing a service where people will be physically but also with president bush how did it happen that we got the last two raises that we got? >> in 2007 the democrats were in control of congress. the model was 1996 when you had a democratic president and big clinton. newt gingrich likes to win things. it has been a while since he has but it was at that point still on a roll. you had dick armey who was the majority leader who was dead set against it. but the republicans gave into reality for some of the republicans, but the sort of more traditional conservatives, they keep telling people to go to work. we don't want the 47%. how do you turn around and say yes, people should go to work but shouldn't make enough money to live on. this is a subset of the most interesting dynamic in the world to
both for macroeconomic reasons, it's bad for the economy if you don't have spending power. and for fairness. because of wages you can't go to malasia for a sandwich. so it is food service. if you look at where it has an effect. it is in those areas. they are not making things they are performing a service where people will be physically but also with president bush how did it happen that we got the last two raises that we got? >> in 2007 the democrats were in control of congress. the...
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Feb 16, 2013
02/13
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KOFY
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these tough economic times the legislation has potential to create jobs and provide a boost to kentucky economy and to our formers and their family. hemp can be made in fabric rope even soap paper and plastic a number of products. mcconnell bill would remove hemp from the same illegal drug c lsd, heroin and ecstacy. >> unless congress acts mandatory federal spending cuts are lakely to go in effect two week from today and tonight we learned how big an impact they can have in the bay area. mark has the details. >>reporter: uc sf more money from the national institute of mental health health than any other public university in the country. 500 million dollars a year. pay off in the bay area has been enormous. >> some of the early discovery that went that how you manipulate jeans went in to creation of technology that started this company. >>reporter: school associate vice chancellor of research says if this takes place 28 million will be cut from this year budget. one project on the chopping block research into lowering bloop to reduce the risk of stroke. >> very highly rated project. great invest
these tough economic times the legislation has potential to create jobs and provide a boost to kentucky economy and to our formers and their family. hemp can be made in fabric rope even soap paper and plastic a number of products. mcconnell bill would remove hemp from the same illegal drug c lsd, heroin and ecstacy. >> unless congress acts mandatory federal spending cuts are lakely to go in effect two week from today and tonight we learned how big an impact they can have in the bay area....
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Feb 22, 2013
02/13
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CNNW
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eye 175
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. >> our economy is adding jobs but too many people still can't find full-time employment. >> when president obama took office, 134 million americans were working in nonfarm jobs. today, after massive losses and a slow recovery, we're only 1.2 million jobs better off. and many pay less than those that were lost. recent study by the center for college affordability found almost half of college graduates are now in jobs that do not require four-year degrees. things like janitorial services, taxi driving and retail sales. professor richard vedder at ohio university helped author that study. >> let's say each one of them were making $20,000 a year more in income, which is quite plausible. we are talking about $400 billion a year in lost wages. >>> numbers like that made some economic analysts argue that underemployment may be every bit as damaging to the economy as unemployment. and kellock irvin is caught in the middle of it all. for now he takes freelance jobs as a photographer and part-time work with moving companies. but -- >> that can only support me so long before i need to head home. >> h
. >> our economy is adding jobs but too many people still can't find full-time employment. >> when president obama took office, 134 million americans were working in nonfarm jobs. today, after massive losses and a slow recovery, we're only 1.2 million jobs better off. and many pay less than those that were lost. recent study by the center for college affordability found almost half of college graduates are now in jobs that do not require four-year degrees. things like janitorial...
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Feb 22, 2013
02/13
by
CNN
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answers. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> the academy awards are a few days away, a lot of fun this weekend. but we wanted to bring you an idea that's not only saving lives, it just might also take home an oscar. her smile is changing the course of a nation. >> it was a very striking picture, of this girl and she was suffering from rheumatic heart disease which is a completely preventible disease, which comes from untreated strep throat, and i wanted to meet that girl from that photo. she just had such a sweet face. >> it was angelique's sweet face that led the director to learn more about a disease that affects children in africa every year. >> this disease is unfair disease. people shouldn't be dying from such a preventative disease that comes from strep throat. it's ridiculous actually. >> so ridiculous he decided to take action. the director flew a small film crew in to rwanda to show how difficult this disease is. >> i had to take a crew that could potentially handle seeing a child d
answers. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> the academy awards are a few days away, a lot of fun this weekend. but we wanted to bring you an idea that's not only saving lives, it just might also take home an oscar. her smile is changing the course of a nation. >> it was a very striking picture, of this girl and she was suffering from rheumatic heart disease which is a completely...
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Feb 23, 2013
02/13
by
KGO
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. >> katie: republican response calls on him to approve the keystone xl pipeline to grow the economy. >> spending cuts to affect the lives of hundreds of people in the bay area. employees of the saa will be forced to take a furlough of at least one day per pay period. passengers on could see 90 minute delays. as many as 5 bay area air traffic control towers could be shut down part of the plan to close hundred airports that have fewer than 150,000 flight operations. at yosemite park cuts could mean fewer trash pick-ups that bears would be attracted to the area. trail repair and maintenance could be scaled back, as well. republicans have dismissed all of the warnings as exaggerations >>> the streets and sidewalks around the dolby theater in hollywood as crews prepare for the oscars. hollywood boulevard has been shut down to allow construction fan bleachers and setup. there will be a special tribute to james bond. the films that are based on novels have been international hits for five decades. skyfall is up for five oscars this year. >> bond is back. this time a secret agent in films li
. >> katie: republican response calls on him to approve the keystone xl pipeline to grow the economy. >> spending cuts to affect the lives of hundreds of people in the bay area. employees of the saa will be forced to take a furlough of at least one day per pay period. passengers on could see 90 minute delays. as many as 5 bay area air traffic control towers could be shut down part of the plan to close hundred airports that have fewer than 150,000 flight operations. at yosemite park...
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Feb 21, 2013
02/13
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CNBC
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we're not taking money out of the economy. 're letting it stay in the pockets of hard-working americans. we are -- we are giving them the opportunity to save billions of dollars that they can put to work in their home -- >> i think problem republicans have -- i think the problem they have right now and the polls are supportive of this, they see the president coming forward with a compromise. he's saying i want tax increases too where the other side is saying, no, just spending cuts and at least the way that's playing with the public is one guy, the president's willing to compromise, the other folks are stone walling. and that's why i think the risk lays probably more with republicans for the blame. >> let me ask you one more here. do you think the media, first of all, understands it was obama's idea in the first place? will they ever acknowledge that? >> one, i don't think they care. they really don't care about looking at those things. look, and to get what your guest just said a minute ago. that's true if republicans allow i
we're not taking money out of the economy. 're letting it stay in the pockets of hard-working americans. we are -- we are giving them the opportunity to save billions of dollars that they can put to work in their home -- >> i think problem republicans have -- i think the problem they have right now and the polls are supportive of this, they see the president coming forward with a compromise. he's saying i want tax increases too where the other side is saying, no, just spending cuts and at...
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180
Feb 21, 2013
02/13
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CNBC
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the economy has clearly moved from crisis back to growth, if you will, a more normal economy. the fed is continuing to employ policies that are still crisis like policies. that you only use in terms times the national emergency. i think they need to normalize them. and i think it's a good thing. i think people fear that the fed is going to stop and the market is going to collapse. i think yesterday is going to be reflected on as the fed saying they're seeing a economy that doesn't stand as much on its own two feet. >> the economy was doing pretty well and we were shocked that they continued to be, you know, so accommodative. and now, i don't know whether it's better than six months agnesly. now i'm wondering whether they ever knew what they were doing. if they're now questioning it -- >> how many times have you said that over the last three years? >> that must mean they don't know what the hell they're doing. scott, if they did it six months ago and they were sure it was the right move, now we've got gasoline prices, payroll taxes, all this other stuff happening to unemploymen
the economy has clearly moved from crisis back to growth, if you will, a more normal economy. the fed is continuing to employ policies that are still crisis like policies. that you only use in terms times the national emergency. i think they need to normalize them. and i think it's a good thing. i think people fear that the fed is going to stop and the market is going to collapse. i think yesterday is going to be reflected on as the fed saying they're seeing a economy that doesn't stand as much...
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Feb 16, 2013
02/13
by
CNNW
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since 1979, prices for an average domestic economy airfare have dropped from $579 then to $365 now though they have started to tick up a little bit lately. so so much for that myth that merging airlines causes prices to go up. thanks for watching me this week. find me on niceback at facebook.com/ali velshi "see you monday at 3:30 p.m. for your moneyly daily". have great weekend. >>> hay there, everybody. it is 2:00 p.m. on the east coast. 11:00 a.m. on the west. for those of you who are just tuning in, thanks so much for joininguous. i'm deborah feyerick. here are some of the top stories we're following in the cnn newsroom for you. people in russia are cleaning up the damage after a meteor blast over theure rales. officials estimated the destruction at over $33 million. more than 1,000 people were injured in the meteor blast. divers looking for the meteor in a frozen lake have not found any traces so far. >>> in south africa, the country's olympic hero oscar pistorius denies killing his girlfriend on valentine's day. he's spending the weekend in jail. he's charged with the killing of his
since 1979, prices for an average domestic economy airfare have dropped from $579 then to $365 now though they have started to tick up a little bit lately. so so much for that myth that merging airlines causes prices to go up. thanks for watching me this week. find me on niceback at facebook.com/ali velshi "see you monday at 3:30 p.m. for your moneyly daily". have great weekend. >>> hay there, everybody. it is 2:00 p.m. on the east coast. 11:00 a.m. on the west. for those of...
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45
Feb 19, 2013
02/13
by
CNN
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as your life and career change, fidelity is there for your personal economy, helping you readjust your retirement plan along the way. rethink how you're invested. and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices to help you fine-tune your personal economy. call today and we'll make it easy to move that old 401(k) to a fidelity no-fee ira. >>> pain at the pump. we'll tell you how high the prices are soaring, up for 32 straight days, next on "360." the good they did inspires us, prepares us and guides us. at new york life, everything we do is to help you keep good going. [ slap! ] [ male announcer ] your favorite foods fighting you? fight back fast with tums. calcium-rich tums starts working so fast you'll forget you had heartburn. ♪ tum tum tum tum tums >>> if you have been following "ac 360's" reporting on all of the teenagers being murdered in chicago, you have already heard the words enough is enough. you have heard it after each kid is gunned down, but we heard it the loudest after a 15-year-old girl, hadiya pe
as your life and career change, fidelity is there for your personal economy, helping you readjust your retirement plan along the way. rethink how you're invested. and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices to help you fine-tune your personal economy. call today and we'll make it easy to move that old 401(k) to a fidelity no-fee ira. >>> pain at the pump. we'll tell you how high the prices are soaring, up for...
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95
Feb 24, 2013
02/13
by
WBAL
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eye 95
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they will hurt our economy. they will add hundreds of thousands of americans to the unemployment roles. this is not an exaggeration. they will lose jobs. >> the sequester blame game has started. live with us secretary of transportation ray lahood who sound add pretty loud alarm bell on friday. mr. secretary, good morning. good to have you here. >> good morning. >> you talked friday about a calamity in our air service system in america, a billion dollars in cuts that have to be made at the department of transportation, $600 million from the faa, 47,000 faa employees will need to be furloughed at least one day per pay period. is it still going to be safe for the american public to fly if this sequester goes forward. >> one thing we never compromise on is safety. we will never take a back seat to safety. safety will not be compromised. but we will have twork with the airlines in slowing planes down. but there will be enough controllers to make sure planes are guided in and out of airports safely. >> this is about a
they will hurt our economy. they will add hundreds of thousands of americans to the unemployment roles. this is not an exaggeration. they will lose jobs. >> the sequester blame game has started. live with us secretary of transportation ray lahood who sound add pretty loud alarm bell on friday. mr. secretary, good morning. good to have you here. >> good morning. >> you talked friday about a calamity in our air service system in america, a billion dollars in cuts that have to be...
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Feb 21, 2013
02/13
by
CNBC
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from the economy from smoking hot to ice cold overnight. can we go from thinking we are working our way out of a long-term jam to game over? the buzzer, that's what was swirling through everybody's heads today. the market got whacked again. we did have a bit of a late-day comeback. the dow sang nearly 47 points. and don't forget, yesterday the worst day of the s & p for the day. today, down another 1.04%. the speed things got negatively is breath taking, too breath taking if you ask me. considering my "squawk on the street" partner, how do things flip so quickly? sequester, housing, to europe, all went from benign to pernicious in one week. is that possible? >> i think things got more mixed, less positive. mixed dada doesn't jive with a market up 8%, where we were when things turned sour. not so negative. we should give up this week's gains. i said for many, too much negativity to handle without taking aggressive selling action. i get that. i don't dismiss anything as important as the huge down turn in commodities, the weaker auto and housi
from the economy from smoking hot to ice cold overnight. can we go from thinking we are working our way out of a long-term jam to game over? the buzzer, that's what was swirling through everybody's heads today. the market got whacked again. we did have a bit of a late-day comeback. the dow sang nearly 47 points. and don't forget, yesterday the worst day of the s & p for the day. today, down another 1.04%. the speed things got negatively is breath taking, too breath taking if you ask me....
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47
Feb 16, 2013
02/13
by
CNN
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eye 47
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it's easy to flood the economy with cheap money. it's not that easy to pull it back. >> dan gross, stephen moore, zanny beddoes, great to see you all. have a good weekend. >>> up next, rethinking education. students are getting a jump in the lucrative field. is the focus on jobs at this age the wrong approach? what's...that... on your head? can curlers! tomato basil, potato with bacon... we've got a lot of empty cans. [ male announcer ] progresso. you gotta taste this soup. we've got a lot of empty cans. ( ♪ ) for those nights when it's more than a bad dream, be ready. for the days when you get a sudden call from the school, be ready. for the times you need to double-check the temperature on the thermometer, be ready. when you have children's motrin on hand, you're ready. for high fever, nothing works faster or lasts longer than children's motrin. be ready with children's motrin. i've been using crest pro-health for a week. my dentist said it was gonna help transform my mouth. [ male announcer ] go pro. for a clean that's up to fo
it's easy to flood the economy with cheap money. it's not that easy to pull it back. >> dan gross, stephen moore, zanny beddoes, great to see you all. have a good weekend. >>> up next, rethinking education. students are getting a jump in the lucrative field. is the focus on jobs at this age the wrong approach? what's...that... on your head? can curlers! tomato basil, potato with bacon... we've got a lot of empty cans. [ male announcer ] progresso. you gotta taste this soup. we've...